26 Miramar Road Mira Mar WA 6330

26 Miramar Road Mira Mar WA 6330
5 beds on 1120mΒ² | split-level dual living | harbour & ocean views | 1991 build low coverage | bushfire overlay This property presents a rare configuration for Mira Mar, combining a substantial five-bedroom internal area with a dual-living split-level design on a large, elevated parcel. Its views and internal scale are atypical for the area, directly serving multi-generational families or investors seeking holiday-let potential due to its effective two-residence layout. The 1991 construction is newer than surrounding stock, positioning it above typical local offerings in terms of modern utility and condition. The primary decision mechanism is the bushfire overlay, which imposes specific construction and insurance costs that must be quantified. Its commercial logic lies in the under-utilised land, with a 4% building coverage suggesting subdivision potential subject to council approval. Acquire for a long-term hold as a primary residence with income potential, or as a view-oriented lifestyle purchase; a Propcred report will precisely calibrate its market valuation against these risks and detail requisite due diligence for overlays and insurability. Recent comparable sale: 24 Miramar Road (next door) sold 18 Feb 2026 for $770,000. It is a smaller, older 1964 two-bedroom house on a larger 1672mΒ² block. This sale underscores the value premium commanded by this subject property’s superior size, newer build, and dual-living configuration, though it also confirms the area’s bushfire overlay and elevated positioning.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Mira Mar is a tightly held Albany suburb experiencing robust demand driven by lifestyle migration from Perth, local upgraders, and consistent investor activity. Limited land release and constrained new supply underpin a low-stock environment, supporting strong price momentum and rapid sales. Future growth is anchored in sustained buyer confidence and strong local employment, though the market remains sensitive to broader interest rate movements and the persistent scarcity of available listings.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

1120mΒ²

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